Corporate Governance Board of Directors Executive Board June 2007 Contents

Preliminary remarks 3

1. Board of Directors 4 1.1 Members of the Board of Directors 4 1.2. Professional background and other activities and functions 6 1.3 Cross-involvement 8 1.4 Internal organisational structure 9

2. Executive Board 12 2.1 Members of the Executive Board 12 2.2. Professional background and other activities and functions 14

General Organisation of Nestlé S.A. 15

Situation at 1 June 2007

Nestlé Corporate Governance Report June 2007 Preliminary remarks Nestlé S.A. publishes a full Corporate Governance Report, which forms an integral part of the annual Management Report. We therewith comply with the requirement of the SWX Swiss Exchange (SWX) and its Corporate Governance Directive, obliging issuers to make key information, with regard to corporate governance practices within their company, available to investors. The full Corporate Goverance Report follows the structure of the SWX Directive.

The present document is a partial update of the Nestlé Corporate Governance Report 2006, indicating changes occured on the Board of Directors and the Executive Board up to 1 June 2007.

The annual Management Report is available on-line as a PDF file at http://www.ir.nestle.com in English, French and German. Copies can be ordered at: http://www.nestle.com/MediaCenter/Order.

Contact for Media: Nestlé S.A. Corporate Communications Avenue Nestlé 55 CH - 1800 Vevey (Switzerland) tel. +41 (0)21 924 25 96 fax +41 (0)21 922 63 34 e-mail: [email protected]

Contact for Investors: Nestlé S.A. Investor Relations Avenue Nestlé 55 CH - 1800 Vevey (Switzerland) tel. +41 (0)21 924 35 09 fax +41 (0)21 924 28 13 e-mail: [email protected]

Contact for shareholders: (Share register: registration, transfers, address changes, dividends, etc.) Nestlé S.A. Share Transfer Office Zugerstrasse 8 CH - 6330 Cham tel. +41 (0)41 785 20 20 fax +41 (0)41 785 20 24 e-mail: [email protected]

Nestlé Corporate Governance Report June 2007 1. Board of Directors 1.1 Members of the Board of Directors a) Name/Year of birth/Nationality/Education/First election/Term expires Peter Brabeck-Letmathe 1944 Austrian Economics 1997 2012 Chairman and CEO Andreas Koopmann 1951 Swiss Mechanical Engineering 2003 2008 1st Vice Chairman and Business Administration Rolf Hänggi 1943 Swiss Law and Finance 2004 2008 2nd Vice Chairman Edward George 1938 British Economics 2004 2011 Kaspar Villiger 1941 Swiss Mechanical Engineering 2004 2009 Jean-Pierre Meyers 1948 French Economics 1991 2011 Peter Böckli 1936 Swiss Attorney-at-law 1993 2008 André Kudelski 1960 Swiss Physics 2001 2011 Daniel Borel 1950 Swiss Physics and Computer Science 2004 2009 Carolina Müller-Möhl 1968 Swiss Political Science 2004 2009 Günter Blobel 1936 German Medicine 2005 2009 Jean-René Fourtou 1939 French Ecole Polytechnique 2006 2011 Steven G. Hoch 1954 American/Swiss International Relations 2006 2011 and Economics Naïna Lal Kidwai 1957 Indian Economics and Business 2006 2011 Administration

For complete information: please refer to individual CVs on www.nestle.com.

b) Operational management tasks of the members of the Board of Directors With the exception of Peter Brabeck-Letmathe, all members of the Board of Directors are non-executive members.

c) Information on non-executive members of the Board of Directors All non-executive members of the Board of Directors are independent, were not previously members of the Nestlé management and have no important business connections with Nestlé. For cross-involvement, see point 1.3.

1.2. Professional background and other activities and functions Peter Brabeck-Letmathe, Chairman and CEO Peter Brabeck-Letmathe joined the Nestlé Group’s operating company as a salesman in Austria in 1968. Between 1970 and 1987 he held a series of responsibilities in Latin America. In 1987, he transferred to Nestlé’s international Headquarters in Vevey, Switzerland, as Vice President and was named Executive Vice President in 1992. At the Annual General Meeting of Shareholders in June 1997, Peter Brabeck-Letmathe was elected Member of the Board of Nestlé S.A. In 1997, the Board of Directors of Nestlé S.A. appointed him CEO (Administrateur délégué). In 2001 he was elected Vice Chairman and in 2005 Chairman of the Board of Directors. As a Nestlé S.A. representative, he serves as Vice Chairman of L’Oréal S.A., France, and is Co-Chairman of the Supervisory Board of Cereal Partners Worldwide, Switzerland. Peter Brabeck-Letmathe is also a member of the Board of Directors of Credit Suisse Group, Switzerland, and of Roche Holding Ltd., Switzerland. In addition, he is a member of the European Roundtable of Industrialists, Belgium, a member of the Foundation Board of the World Economic Forum, Switzerland and Co-Chairman of ECR Europe, Belgium.

Nestlé Corporate Governance Report June 2007 Andreas Koopmann, 1st Vice Chairman Andreas Koopmann began his career in 1979 as Assistant to the Chairman and CEO of Bruno Piatti AG, Switzerland, and from 1980 to 1982 was Assistant to a Group Executive at Motor Columbus AG, Holding, Switzerland. Since 1982 he has been at Bobst Group, starting as Vice President of Engineering and Manufacturing in Roseland, New Jersey, USA. In 1989 he returned to Switzerland, holding a number of senior positions in the company, including member of the Group Executive Committee in charge of Manufacturing. He was a member of the Board of Directors for Bobst Group SA from 1998 to 2002 and was appointed to his present position as CEO in 1995. Presently, he also serves as Vice Chairman of Swissmem in Switzerland, and is Vice Chairman of the Advisory Board of Credit Suisse Group, Switzerland.

Rolf Hänggi, 2nd Vice Chairman In 1970 Rolf Hänggi started his career as a financial and investment analyst at Swiss Bank Corporation, Switzerland, before moving on to the Union Bank of Switzerland and then to the Baselland Cantonal Bank, Switzerland. In 1976 he joined Zurich Insurance Company and in 1986 became a member of the Corporate Executive Board and Head of finance and investments in securities, worldwide. He was appointed Deputy CEO of Zurich Insurance Company in 1988, serving as a Board member from 1993 to 1997, before becoming a private consultant. Presently Rolf Hänggi also serves as Chairman of Rüd, Blass & Cie AG, Bankers, Switzerland. In addition, he is a member of the Board of Trustees for Foundation Luftbild Schweiz, Switzerland; a member of the Foundation Board, Werner Abegg Fonds Foundation, Switzerland, and also sits on the Advisory Board for the Mastercourse of Advanced Studies in Applied History at the University of Zurich, Switzerland.

Edward George Lord George joined the Bank of England directly from University in 1962. Between 1966 and 1974 he was seconded first to the Bank for International Settlements, Basle, Switzerland, and then to the International Monetary Fund. During the next 16 years, Lord George held various senior positions within the Bank of England before being appointed Deputy Governor in 1990. From 1993 to 2003 he served as Governor of the Bank of England. He is also a Board member of the Bank for International Settlements, Basle, Switzerland; Grosvenor Group Holdings Ltd, Great Britain; N. M. Rothschild and Sons Ltd, Great Britain; and Rothschilds Continuation Holdings AG, Switzerland.

Kaspar Villiger Kaspar Villiger began his career as manager and joint owner of family firm Villiger Söhne AG in 1966. In parallel, he started a political career in 1972 as a member of the Swiss Liberal Democratic Party in Canton Lucerne. He was a member of the Swiss federal parliament and elected to the National Council in 1982, and to the Council of States in 1987. From 1989 to 1995 he was Defence Minister, and from 1995 to 2003 he was Finance Minister. He served as President of the Swiss Confederation in both 1995 and 2002. Kaspar Villiger is also a Board member of AG für die Neue Zürcher Zeitung, Switzerland; and Swiss Re (Swiss Reinsurance Company), Switzerland.

Nestlé Corporate Governance Report June 2007 Jean-Pierre Meyers From 1972 to 1980 Jean-Pierre Meyers was attached to the directorate of financial affairs at Société Générale. During the same time he was Assistant professor at the Ecole Supérieure de Commerce in Rouen, France. From 1980 to 1984 he was a Director of the bank Odier Bungener Courvoisier. Jean-Pierre Meyers has been a Board member of L’Oréal SA, France, since 1987 and Vice Chairman since 1994. He has also served as Vice Chairman of the Bettencourt-Schueller Foundation since 1988. In addition, Jean-Pierre Meyers is a Board member of Rothschild Ophthalmological Foundation in France, and a member of the Supervisory Board at Téthys S.A.S. in France.

Peter Böckli From 1963 to 1981 Peter Böckli worked as an attorney-at-law in New York, Paris and Basle, and from 1975 to 2001 he was a visiting professor for Business and Tax Law at the University of Basle. He became a partner at law firm Böckli & Thomann in Basle (currently Böckli Bodmer & Partner) in 1981. Presently, he also serves as Board member of Manufacture des Montres Rolex SA in Switzerland, and is a Board member of Assivalor AG, Switzerland and Vinetum AG, Switzerland. He sits on the Board of Trustees for Holler-Stiftung in Germany; and is Secretary of the Board of Trustees for Doerenkamp-Stiftung, Switzerland.

André Kudelski André Kudelski started his career in 1984 at Kudelski SA, Switzerland, as a research and development engineer. After working in Silicon Valley, he returned to Kudelski SA in 1986 and was appointed product manager for Pay-TV solutions. From 1989 to 1990 he was the director of the Pay-TV division (NagraVision) before taking over the position of Chairman and CEO of the Kudelski Group in 1991. In addition, he became Chairman of Nagra Plus SA, a joint venture of Kudelski SA and Canal Plus, in 1992. He has been appointed Chairman of the Board of Directors of OPEN TV, a Nasdaq listed company, controlled by Kudelski. André Kudelski is serving on the Board of directors and the audit committee of Dassault Systèmes SA, France and Edipresse, Switzerland. Furthermore, he is a Board member of HSBC Private Bank Holding and a Board member of the Swiss-American Chamber of Commerce.

Daniel Borel Daniel Borel is the co-founder of Logitech. He served as Chairman and CEO of Logitech S.A. from 1982 to 1988, and of Logitech International S.A. from 1992 to 1998. Since 1998, he has served as Chairman of Logitech International S.A.. In addition, he serves as Chairman of swissUp, a Foundation for Excellence in Education in Switzerland, and is a member of the Board of Defitech Foundation, witzerland.S

Carolina Müller-Möhl Carolina Müller-Möhl was a journalist and advertising and PR consultant until 1999 when she became Vice Chairperson of the Board of Müller-Möhl Holding AG. In 2000 she became President of the Müller-Möhl Group. Carolina Müller-Möhl is also Chairperson of Hyos Invest Holding AG, Switzerland; and a Board member of Kühne Holding AG, Switzerland. In addition, she is also a member of the Foundation Board of Pestalozzianum Foundation, Switzerland; a member of the Advisory Board of the Swiss Economic Forum and Jury President Award; member of the Board of the Pestalozzi Foundation; and nominated as a Young Global Leader 2007 by the World Economic Forum.

Nestlé Corporate Governance Report June 2007 Günter Blobel Günter Blobel earned a doctoral degree in oncology in 1967 and was appointed to the Howard Hughes Medical Institute in 1986. In 1999, he was awarded the Nobel Prize in Physiology or Medicine. He currently holds a position at The Rockefeller University, New York. Günter Blobel is the Co-founder of Chromocell, USA, and also a Board member of IFF International Flavours & Fragrances Inc., USA. In addition, he is Chairman of the Friends of Dresden Inc., USA, and has been a member of the Nestlé Nutrition Council (NNC) – a group of international experts who advise Nestlé on nutrition – since August 2001.

Jean-René Fourtou Jean-René Fourtou began his career at Bossard & Michel in 1963. He became CEO of Bossard Consultants in 1972 and later Chairman and CEO of the Bossard Group from 1977 to 1986. From 1986 to 1999 he served as Chairman and CEO of Rhône-Poulenc Group, and when Hoechst and Rhône-Poulenc merged to create Aventis in 1999, he became Vice Chairman of the Management Board and Managing Director of the company until 2002. Since 2005, he has been Chairman of the Supervisory Board of Vivendi, where he was Chairman and CEO from 2002 to 2005. Jean-René Fourtou is also Chairman of the Supervisory Board of Canal+ Group, France; Vice Chairman of the Supervisory Board of AXA Group, France, and Board member of Sanofi-Aventis, France; Capgemini, France; NBC Universal, USA; Maroc Télécom, Morocco. He also serves as Honorary Chairman to the International Chamber of Commerce (ICC), France.

Steven G. Hoch Steven G. Hoch started his career in 1978 at the Chemical Bank in New York and Zurich. From 1987 to 1990, he was a member of the Management Committee, and Vice President, Business Development, of the Bank in Liechtenstein Trust Company and BIL, Trainer Wortham Inc,. New York. Steven Hoch was Senior Vice President and a member of the Management Committee at Bessemer Trust Company, N.A., New York, from 1990 to 1994, and a member of the Executive Committee and Head of Client Service for Pell Rudman Trust Company, Boston, from 1994 to 2002. In 2002 he founded Highmount Capital, LLC, a US-based investment management firm where he is still a Senior Partner. Steven Hoch is also a Director of the American Swiss Foundation, a corporation board member of the Woods Hole Oceanographic Institution, USA, and a member of the National Board of the Smithsonian Institution, USA.

Naïna Lal Kidwai Naïna Lal Kidwai started her career in 1982 and until 1994 was at ANZ Grindlays Bank Plc. (now Standard Chartered Bank). From 1994 to 2002, she was Vice Chairman and Head of Investment Banking at Morgan Stanley India before moving to HSBC. Currently she is CEO and Country Head of the HSBC Group of Companies in India and a Group General Manager of the Bank. She serves the Government of India on the National Science and Technology Entrepreneurship Development Board, the National Integration Council and the Indo German Consultative Group. She is Chairman of the Population and Health Committee, and a member of the National Council of Confederation of Indian Industries and on the Corporate Governance Council. She is a member of the Indian advisory council of the City of London. Her involvement with educational institutions includes the India Board of John Hopkins School of Advanced International Studies, USA, and the Board of Dean’s Advisors of the Harvard Business School. She is on the Board of Grassroots Trading Network for Women – a not for profit organisation to empower underprivileged women. Naïna Lal Kidwai was awarded the Padma Shri by the Indian government.

Nestlé Corporate Governance Report June 2007 1.3 Cross-involvement Peter Brabeck-Letmathe and Jean-Pierre Meyers are on the Board of Directors of both Nestlé and L’Oréal.

1.4 Internal organisational structure 1.4.1 Allocation of tasks within the Board of Directors Chairman‘s and Compensation Corporate Governance and Nomination Audit Finance Committee (1) Committee (2) Committee (3) Committee (4) Peter Brabeck-Letmathe • (Chair) Chairman and CEO Andreas Koopmann • • 1st Vice Chairman Rolf Hänggi • • (Chair) • (Chair) 2nd Vice Chairman Edward George (Lord George) • • • Kaspar Villiger • • • Jean-Pierre Meyers • Peter Böckli • (Chair) André Kudelski • Daniel Borel • Carolina Müller-Möhl Günter Blobel Jean-René Fourtou Steven G. Hoch Naïna Lal Kidwai

Nestlé Corporate Governance Report June 2007 1.4.2 Tasks and area of responsibility for each Committee of the Board of Directors (1) (1) The Chairman‘s and Corporate Governance Committee consists of the Chairman/CEO, the two Vice Chairmen and other members as elected by the Board. It liaises between the Chairman/CEO and the Board of Directors in order to expedite whenever necessary the handling of the Company’s business. It is entitled to engage outside counsel. The Corporate Governance Committee periodically reviews the Corporate Governance of the Company and prepares recommendations for the Board. It reviews, at least annually, the independence of the members of the Board.

(2) The Compensation and Nomination Committee consists of one Vice Chairman and a minimum of two other members of the Board, excluding the Chairman/CEO. It draws up the principles for remuneration of the members of the Board and submits them to the Board for approval. It oversees and discusses the remuneration principles for the Company and the Group. In addition, it determines the remuneration of the Chairman/CEO and the individual remunerations of the members of the Executive Board. It also reports on its decisions to the Board, and keeps the Board updated on the overall remuneration policy of the Group. It is entitled to engage outside counsel. The Compensation and Nomination Committee as regarding nomination matters establishes the principles for the selection of candidates to the Board, selects candidates for election or re-election to the Board and prepares a proposal for the Board’s decision. The candidates to the Board shall possess the necessary profiles, qualifications and experience to discharge their duties. Newly appointed Board members receive an appropriate introduction into the business and affairs of the Company and the Group. The Board arranges for further training of its members.

(3) The Audit Committee consists of a Vice Chairman, who chairs the Committee, and a minimum of two other members of the Board, excluding the Chairman/CEO. At least one member must be a financial expert. The powers and duties of the Audit Committee are established in the Audit Committee Charter, which is approved by the Board. In discharging its responsibilities, it has unrestricted access to the Company’s management, books and records. It is free to appoint outside counsel. The Audit Committee supports the Board of Directors in its supervision of financial control through a direct link to KPMG (external auditors) and the Nestlé Group Audit (corporate internal auditors). The Audit Committee’s main duties include the following: – to discuss Nestlé’s internal accounting procedures – to make recommendations to the Board of Directors regarding the nomination of external auditors to be appointed by the shareholders – to discuss the audit procedures, including the proposed scope and the results of the audit – to keep itself regularly informed on important findings of the audits and of their progress – to oversee the quality of the internal and external auditing – to present the conclusions on the approval of the Financial Statements to the Board of Directors. The Audit Committee regularly reports to the Board on its findings and proposes appropriate actions. The responsibility for approving the annual Financial Statements remains with the Board of Directors.

(4) The Finance Committee consists of one Vice Chairman, who chairs this Committee, and of two members of the Chairman‘s and Corporate Governance Committee. It reviews the financial asset and liability framework of the Group, and prepares and updates for the Board‘s approval financial asset and liability risk management guidelines. It is free to appoint outside counsel.

(1) For complete information: please refer to the Board of Directors Regulations and Committee Charters on www.nestle.com

Nestlé Corporate Governance Report June 2007 2. Executive Board 2.1 Members of the Executive Board a) Name/Year of birth/Nationality/Education/Current function Peter Brabeck-Letmathe 1944 Austrian Economics Chairman and CEO Francisco Castañer 1944 Spanish Economics EVP: Pharmaceutical & Cosmetic Products, Liaison with L’Oréal, Human Resources, Corporate Affairs

Lars Olofsson 1951 Swedish Business Administration EVP: Strategic Business Units and Marketing & Sales Werner Bauer 1950 German Chemical Engineering EVP: Chief Technology Officer: Innovation, Technology and R&D Frits van Dijk 1947 Dutch Economics EVP: Zone Asia, Oceania, Africa, Middle East Paul Bulcke 1954 Belgian Economics and Business Administration EVP: Zone USA, Canada, Latin America, Caribbean Carlo M. Donati 1946 Swiss Economics EVP: Nestlé Waters Luis Cantarell 1952 Spanish Economics EVP: Zone Europe Paul Polman 1956 Dutch Economics and Business Administration EVP: Finance and Control, GLOBE, Global Nestlé Business Services, Legal, IP, Tax José Lopez 1952 Spanish Mechanical Engineering EVP: Operations Richard T. Laube 1956 Swiss / Organisational Development and Evaluation Research American Deputy EVP: Nestlé Nutrition Marc Caira 1954 Canadian Marketing Deputy EVP: FoodServices Strategic Business Division David P. Frick 1965 Swiss Law SVP: Corporate Governance, Compliance and Corporate Services

(EVP: Executive Vice President; SVP: Senior Vice President) For complete information: please refer to individual CVs on www.nestle.com

10 Nestlé Corporate Governance Report June 2007 2.2. Professional background and other activities and functions Peter Brabeck-Letmathe Please refer to point 1.2 above.

Francisco Castañer Francisco Castañer joined Nestlé España in 1964, in marketing research, before being transferred to the Organization Department at Nestlé’s Headquarters in Switzerland. He returned to Spain in 1973 to become Head of the Infant and Dietetic Products Division in 1976 and Head of the Diversification Department in 1981. He was Alimentos Refrigerados SA (Nestlé Group) General Manager from 1982 to 1984 before serving two years as Nestlé España SA Deputy Managing Director and then Managing Director and Vice President of the Board from 1986 to 1996. Since June 1997, Francisco Castañer has been the Executive Vice President responsible for Nestlé Group’s worldwide non-food business (including Alcon and Galderma Laboratories, and relations with L’Oréal), as well as being responsible for Human Resources and Corporate Affairs. He represents Nestlé as Vice Chairman of Alcon, Inc., Switzerland; and as a Board member of L’Oréal S.A. in France and Galderma Pharma S.A., Switzerland.

Lars Olofsson Lars Olofsson joined Nestlé in 1976 as a product manager for Findus frozen products. In 1981 he took charge of various commercial and marketing functions for Nestlé France, later heading the Dairy and Dietetic Products Division of Sopad Nestlé before returning to Sweden for 18 months as President of Pripps-Procordia. In 1992, he became General Manager of France Glaces Findus, and was appointed Head of Nestlé Group’s four Nordic markets in 1995 (Sweden, Norway, Denmark and Finland). He was appointed President and CEO of Nestlé France in November 1997. In July 2001 he became Executive Vice President, responsible for Zone Europe. Since December 2005 he has been Executive Vice President in charge of Strategic Business Units and Marketing & Sales. As a representative of Nestlé, he serves as Chairman of Nespresso S.A., as Co-Chairman of Beverage Partners Worldwide S.A. and is a Board member of both Life Ventures S.A. and Nutrition-Wellness Venture AG, Switzerland.

Werner Bauer Werner Bauer began his career in 1975 as an Assistant Professor in Chemical Engineering at the University of Erlangen-Nürnberg. In 1980 he was appointed Professor in Chemical Engineering at the Technical University, Hamburg, and in 1985 he obtained the Directorship of the Fraunhofer Institute for Food Technology and Packaging and a position as Professor in Food Biotechnology, Technical University, Munich. Werner Bauer became Head of the Nestlé Research Center, Lausanne, in 1990, moving on to become Head of Nestlé Research and Development in 1996. After serving as Technical Manager and then Market Head for Nestlé Southern and Eastern Africa Region, he moved to the position as Executive Vice President and Head of Technical, Production, Environment, Research and Development in 2002. In 2007 appointed Chief Technology Officer, Head of Innovation, Technology, Research and Development. As a representative of Nestlé, Werner Bauer also undertakes the following duties: Chairman of the Supervisory Board of Nestlé Deutschland AG, Board member of Alcon, Inc. in Switzerland; Board member of L’Oréal in France; member of the Supervisory Board of Cereal Partners Worldwide, Switzerland; Vice Chairman for both Life Ventures S.A. and Nutrition-Wellness Venture AG; Chairman of Sofinol S.A. in Switzerland. He is also a member of the Board of Trustees for the Bertelsmann Foundation in Germany, and is a Board member of the Swiss Society of Chemical Industries.

Nestlé Corporate Governance Report June 2007 11 Frits van Dijk Frits van Dijk joined Nestlé in 1970 as a sales representative for the UK before holding a series of positions in India and the Philippines from 1972 to 1979. He returned to Europe to work in Nestlé’s Beverage Division before again returning to Asia in 1982 where he took on a number of portfolios and was appointed Managing Director of Nestlé Japan in 1995. In 2000, he was appointed Chairman and CEO of Nestlé Waters Worldwide (formerly Perrier Vittel SA), and in May 2005 he became Executive Vice President for Zone Asia, Oceania, Africa and Middle East. Frits van Dijk represents Nestlé as a member of the Supervisory Board of Cereal Partners Worldwide, Switzerland, and is a Board member of Osem Investments Ltd., Israel, Quality Coffee Products Ltd., Thailand, Nestlé Central and West Africa Limited (Ghana); Nestlé (China) Ltd., Nestlé (Malaysia) BHD., Nestlé Pakistan Ltd., Nestlé Philippines Inc., and Nestlé (South Africa) Pty Ltd. He is President Commissioner of both PT Nestlé Indonesia and PT Nestlé Indofood Citarasa Indonesia.

Paul Bulcke Paul Bulcke began his career in 1977 as a financial analyst for Scott Graphics International in Belgium before moving to the Nestlé Group in 1979 as a marketing trainee. From 1980 to 1996 he held various marketing, sales and division functions in Nestlé Peru, Nestlé Ecuador and Nestlé Chile before moving back to Europe as Managing Director of Nestlé Portugal. Between 1998 and 2003 he was Managing Director of firstly Nestlé Czech and Slovak Republic, and then Nestlé Germany, before he was appointed to his present post as Executive Vice President, responsible for Zone Americas. As a representative of Nestlé, Paul Bulcke serves as Chairman of both Nestlé Brazil Ltda., and Nestlé Chile S.A. He is also a Board member of Beverage Partners Worldwide S.A. in Switzerland, a member of the Supervisory Board of Cereal Partners Worldwide, Co-Chairman of the Supervisory Board of Dairy Partners Americas (Switzerland and New Zealand), and Vice Chairman of Dreyer’s Grand Ice Cream Holdings Inc., USA. He is also a board member of the Swiss-Latin American Chamber of Commerce.

Carlo Donati Carlo Donati began his career at Nestlé in 1973 as a marketing trainee. From 1976 to 1979 he was product manager and Assistant to CEO, Nestlé India before becoming product manager, Nestlé Portugal. From 1980 onwards, Carlo Donati held a series of senior positions in Africa. In 1993 he was transferred to Nestlé’s Headquarters as Regional Assistant / Deputy for the Africa & Middle East Zone of operations, moving on from that position in 1996 to become Divisional Manager of Nestlé Italiana, and then Managing Director of Nestlé India in 1998. After five years as Region Head of Nestlé South Asia Region, he was appointed to his present post as Executive Vice President, Nestlé Waters, in 2005. Carlo Donati represents Nestlé’s interests as Chairman of both Nestlé Waters SAS, and Nestlé Waters MT (Management & Technology) SAS in France.

12 Nestlé Corporate Governance Report June 2007 Luis Cantarell In 1976 Luis Cantarell joined Nestlé España S.A. and was appointed Head of Coffee Marketing in 1987 and later Head of the Nutrition Division of Nestlé Spain. In 1994 he transferred to Nestlé’s Headquarters, taking worldwide responsibility for Coffee Marketing within the Coffee & Beverages Strategic Business Unit. He returned to Spain in 1996 as Division manager. From 1998 to 2001 he was Managing Director of Nestlé Portugal S.A., and in 2001 was nominated Senior Vice President in charge of the Group’s Nutrition Strategic Business Division. In 2003 he was appointed Deputy Executive Vice President, before taking his present position in November 2005 as Executive Vice President, Nestlé S.A., in charge of Zone Europe. As a representative of Nestlé, he is Chairman of the Supervisory Board of Nestlé Nederland B.V. and member of the Supervisory Board of Cereal Partners Worldwide, in Switzerland, Chairman of Nestlé Entreprises SAS in France, Nestlé Suisse S.A., and Société des Produits Nestlé S.A. in Switzerland. He is also Board member of Lactalis Nestlé Produits Frais SAS in France. Luis Cantarell is a member of the Foreign Investment Advisory Council of Russia, a Board member of Association des Industries de Marque (AIM) in Belgium, President of the Liaison Committee with the CIAA and member of the Executive Board of ECR Europe in Belgium.

Paul Polman From 1979 to 1986 Paul Polman completed various financial assignments for Procter & Gamble in Belgium, Holland and France. By 1986 he was a Category Manager and Marketing Director at P&G France, eventually becoming Vice President and General Manager of P&G Iberia in 1989 and Vice President and Managing Director of P&G UK in 1995. From 1998 to 2001 he was President of Global Fabric Care at P&G and from 2001 to 2005 Group President of P&G Europe and Officer of the Procter & Gamble Company responsible for P&G’s European business. Paul Polman joined Nestlé in 2006 and serves as Executive Vice President Finance & Control, also in charge for GLOBE, Global Nestlé Business Services, Legal, Intellectual Property and Tax. As a representative of Nestlé Paul Polman is a Board member of Alcon, Inc., and of both Life Ventures S.A. and Nutrition-Wellness Venture AG in Switzerland. He is also Treasurer of the Swiss-American Chamber of Commerce.

José Lopez José Lopez joined Nestle in 1979 as Engineering Trainee. From 1983 to 1995, he completed various technical assignments in Spain, USA, Japan and France. In 1995 he was appointed Technical Manager of the Oceania Region, becoming in 1997 the Operations Director responsible for Technical, Supply Chain and Exports. In 1999 José Lopez became Market Head responsible for the Malaysian/Singaporean Region, in 2003 he was appointed Market Head of Nestle Japan. As Executive Vice President of Operations, José Lopez is responsible for Procurement, Production, Quality, Safety, Environment and Supply Chain. He is also a member of the Executive Board of the Global Commerce Initiative (GCI) in Belgium, and a member of the Management Board of GS1 (formely EAN International) in Belgium.

Nestlé Corporate Governance Report June 2007 13 Richard T. Laube From 1980 to 1986 Richard T. Laube was a brand manager for Procter & Gamble, firstly in Geneva, Switzerland, and then in Cincinnati, USA. In 1987 he moved to Osaka, Japan, as Paper Brands Marketing Director for P&G Far East Inc. and then to Germany in 1992 as General Manager and Vice President of P&G Pharmaceutical, Deutschland. After three years as Managing Director of P&G do Brasil, Richard T. Laube became President of Roche Consumer Health in 1999, and was appointed a member of the Roche Corporate Executive Committee in 2001. Richard T. Laube joined Nestlé S.A. in April 2005 and became Deputy Executive Vice President, Corporate Business Development, and in November 2005 was appointed Deputy Executive Vice President in charge for Nestlé Nutrition. Richard T. Laube also represents Nestlé as Chairman of Nutrition-Wellness Venture AG and Life Ventures S.A. in Switzerland. In addition, Richard T. Laube is a Board member of wholly- owned Jenny Craig affiliates.

Marc Caira Marc Caira started at Nestlé Canada in 1977. In 1986 he was appointed Regional Sales Vice President and then in 1990 Vice President Foodservice, eventually serving as President of Foodservice & Nescafé Beverages for Nestlé Canada from 1997 to 2000. In October 2000 Marc Caira joined Parmalat Canada and became President and CEO of Parmalat North America in 2004. In May 2006, Marc Caira returned to Nestlé and was appointed Deputy Executive Vice President in charge of FoodServices Strategic Business Division.

David P. Frick David P. Frick began a legal career in 1991 with a clerkship in the Meilen District Court in Zurich and in 1993 became assistant to the Banking Law Chair at Zurich University Law School. From 1994 to 1999 he was an attorney in the International Corporate and Litigation practice groups of Cravath, Swaine & Moore, the New York law firm, before becoming Group General Counsel and Managing Director of Credit Suisse Group, Zurich, in 1999. In 2003 David Frick was appointed as a Member of the Executive Board at Credit Suisse Group and became the company’s Head of Legal and Compliance in 2005. David Frick joined Nestlé S.A. in 2006 and serves as Senior Vice President, Corporate Governance, Compliance and Corporate Services. He is also on the Committee on Extraterritoriality for the International Chamber of Commerce in Paris, and the Legal Committee for the Swiss-American Chamber of Commerce.

14 Nestlé Corporate Governance Report June 2007 s a ater W c Cair Mar FoodServices Nestlé Carlo M. Donati e rick ernance, v F P. vid Americas aul Bulck e Zone AMS: P n Da Compliance and Corporate Services eting Laub Corporate Go T. d s Olofsson Lar and Mark Nestlé Nutritio s Richar Strategic Business Units A: AO e Officer an Dijk abeck-Letmathe Zone rits v ecutiv of Nestlé S.A. 1 June 2007 F ganisation of Nestlé S.A. Ex Board of Director ol Chairman and Chief Asia, Oceania, Africa eter Br P al Or echnology olman OBE Gener GL and R&D erner Bauer aul P ation, T P W ell ov Finance and Contr Inn ope Eur Zone EUR: Luis Cantar s air Operations José Lopez ancisco Castañer Corporate Aff Human Resources/ Pharma/Cosmetics/ Fr

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